U.S. Federal Reserve Board Chairman Jerome Powell speaks at a news conference at the headquarters of the Federal Reserve on December 13, 2023 in Washington, DC. The Federal Reserve announced today that interest rates will remain unchanged. Win McNamee/Getty Images hide caption toggle caption Win McNamee/Getty Images U.S. Federal Reserve
Tag: cuts
RNC sees major cuts to staff as new, Trump-backed leadership takes over
Republican presidential candidate former President Donald Trump speaks at a campaign rally March 9 in Rome, Ga., just one day after Republicans met in Houston to elect new leadership for the party. All of the candidates were hand-selected by Trump. Mike Stewart/AP hide caption toggle caption Mike Stewart/AP Republican presidential
Biden's proposed 2025 budget cuts costs for families and hikes taxes for the wealthy
President Joe Biden, pictured at a campaign event on Friday, overviewed many of his priorities for the country’s 2025 budget in his State of the Union speech last week. Spencer Platt/Getty Images hide caption toggle caption Spencer Platt/Getty Images President Joe Biden, pictured at a campaign event on Friday, overviewed
Ebola vaccine cuts death rates in half — even if it's given after infection
Ebola is one of the most feared infectious diseases, with more than half of those infected dying. A vaccine has now been shown to cut that mortality rate in half. Source link
The Federal Reserve holds interest rates steady but signals rate cuts may be coming
Fed Chair Jerome Powell speaks during a news conference after the concludion of the Fed’s policy meeting in Washington, D.C., on Sept. 20, 2023. The Fed held interest rates steady on Wednesday but indicated it could cut rates this year while also noting it would move cautiously. Chip Somodevilla/Getty Images
TikTok cuts jobs as tech layoffs continue to mount
TikTok is the latest technology company to cut staff, as firms reorganize and re-allocate resources, just as the video-sharing app reports strong growth. Matt Slocum/AP hide caption toggle caption Matt Slocum/AP TikTok is the latest technology company to cut staff, as firms reorganize and re-allocate resources, just as the video-sharing
House conservatives reject bipartisan spending agreement over demands for further cuts
Rep. Tim Burchett, R-Tenn., (second from left) congratulates then-Rep. Kevin McCarthy, R-Calif., after he was elected speaker of the House in January 2023. Chip Somodevilla/Getty Images hide caption toggle caption Chip Somodevilla/Getty Images Congressional leaders have reached a bipartisan spending plan that would avert a Jan. 19 partial government shutdown,
The Rock cuts patriotic promo, teases major match in WWE return
Dwayne “The Rock” Johnson returned to a WWE ring on Monday night on the first “Monday Night Raw” episode of 2024. Rocky confronted Jinder Mahal in the ring during the special “Day 1” episode. Mahal has not fought on RAW or SmackDown since 2022, and since then, he has appeared in
'Washington Post' journalists stage daylong strike under threat of job cuts
More than 750 Washington Post workers have agreed to walk off the job on Thursday to protest stalled contract negotiations. The company has warned of layoffs if too few staffers take voluntary buyouts. Pablo Martinez Monsivais/AP hide caption toggle caption Pablo Martinez Monsivais/AP More than 750 Washington Post workers have
New Zealand's new government plans to roll back cigarette ban as it funds tax cuts
New Zealand’s new Prime Minister Christopher Luxon, center, formed a coalition government with Winston Peters, left, the leader of the New Zealand First party, and David Seymour, leader of ACT New Zealand. Marty Melville/AFP via Getty Images hide caption toggle caption Marty Melville/AFP via Getty Images New Zealand’s new Prime